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Euro area industrial output down 0.1 percent in April from March

Friday, 14 June 2024 11:02:51 (GMT+3)   |   Istanbul
       

In April this year, seasonally-adjusted industrial production decreased by 0.1 percent in the euro area and went up by 0.5 percent in the EU-27, as compared with March.

Industrial production in March this year had increased by 0.5 percent in the euro area and remained stable in the EU-27. In April this year, compared with April 2023, industrial production moved down by 3.0 percent in the euro area and by 2.0 percent in the EU-27 countries. These figures are released by Eurostat, the Statistical Office of the European Union.

As compared to March, in April the production of durable goods went up by 0.3 percent in the euro area and by 1.0 percent in the EU-27, while the production of capital goods grew by 0.7 percent in the euro area and 0.5 percent in the EU-27 countries on month-on-month basis. In the given month, output of non-durable consumer goods rose by 3.4 percent in the euro area and 3.9 percent in the EU-27, both month on month. In April, the production of intermediate goods went down by 0.4 percent in the euro area and 0.2 percent in the EU-27, while the production of energy increased by 0.4 percent in the euro area and 0.3 percent in the EU-27, all month on month.

Among the member states, in April the highest month-on-month increases were registered in Denmark (10.4%), Greece (7.0%), and Poland (6.7%) while the biggest decreases were recorded in Luxembourg (6.7%), Latvia (4.9%) and Ireland (3.4%).

As compared to the same month of 2023, in April this year production of capital goods fell by 5.3 percent in the euro area and 4.9 percent in the EU-27. In the same month, production of durable consumer goods was down by 3.1 percent in the euro area and by 2.1 percent in the EU-27, while production of intermediate goods fell by 2.0 percent in the euro area and by 1.8 percent in the EU-27, all year on year. In the given month, production of non-durable consumer goods increased by 0.7 percent in the euro area and by 2.9 percent in the EU-27, while production of energy decreased by 1.1 percent in the euro area and by 0.9 percent in the EU-27, all on year-on-year basis.

In April, the highest year-on-year increases were registered in Denmark (17.4%), Greece (10.8%) and Slovenia (7.4%), while Ireland (15.7%), Latvia (7.8%) and Finland (6.8%) registered the sharpest decreases.


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